Donck isn't all that necessary once you start producing your own tools and guns and if you take the opportunity to sell to the natives. You can mitigate the effect of tax increases by selling to the natives (avoiding the king) as well as only purchasing a handful of tools and guns to start, and then building up your horse supply later.
I don't think I've ever built a ranch--just not worth the money.
I don't think I've ever built a ranch--just not worth the money.